rafexRaex2914
rafexRaex2914
27.02.2020 • 
Business

Okun's law a. quantifies the relationship between nominal and real incomes.b. indicates the number of years it will take for a constant rate of inflation to double the price level. c. measures the trade-off between the rate of inflation and the rate of unemployment. d. shows the relationship between the unemployment rate and the size of the negative GDP gap.

Solved
Show answers

Ask an AI advisor a question